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Morning finance report – July 5
WA company insolvencies were up 21 per cent in the past year, well above the national rise of 15 per cent.
Analysis and commentary by FTI Consulting revealed 1014 companies entered insolvency in the 12 months to April.
Queensland also had a 21 per cent increase in insolvencies to 2191.
The Northern Territory had the dubious honour of reporting the biggest increase in insolvencies at 40 per cent. However the total number of companies remained small, up from 52 to 73 companies.
Nationally, the …
Read the full article at: https://au.news.yahoo.com/thewest/business/a/31986774/wa-insolvencies-up-21pc/